Las Vegas Real Estate News

General Las Vegas real estate news and market conditions in the Las Vegas Valley area and updates on REMAX Associates.

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Name: Konnel Peterson
Location: Las Vegas, Nevada, US

Wednesday, May 04, 2005

The Residences at MGM Grand Breaks Ground On Tower II

The infamous Residences at MGM Grand has officially broken ground on their second tower. The Las Vegas luxury condo-hotel project, which allows owners to participate in a hotel-rental program for a portion of the year, will stand a gaping 40 stories tall. The Residences at MGM Grand's second addition, currently 95% pre-sold, will have a total of 576 units. Ultimately, a total of six towers is planned, each with 40 stories and 576 units.

Studio, one and two bedroom floor plans are available and buyers can choose from 600 square feet up to 1,600 square feet. Thumbnails of the different floor plans can be viewed at The Residences at MGM Grand. Pricing will start below $350,000 and range up over $1 million.

All residences are fully-furnished, including an LCD flat screen HDTV, and the list of finishes and amenities are plentiful... sub-zero and Meile kitchen appliances, Italian cabinetry and crown molding are among the many luxury characteristics that the project will offer as standard.

MGM's Tower II will has its very own fully-staffed lobby, swimming pool, concierge, valet parking, fitness center and 24-hour security services. Owners will be able to enjoy each of the five pools throughout the development, as well as the Grand Spa with its 30 treatment rooms, fitness center and many casual and fine dining restaurants.

These towers, located on the grounds of the world-famous MGM Grand Hotel & Casino on the Strip, will offer the ultimate flexibility to Las Vegas luxury condo residents, absentee owners and investors alike.

Konnel Peterson
REMAX Associates

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